Revised forecast
Fiscal year ending March 2027 · Six months (cumulative) and full fiscal yearPrevious forecast published Announced on 13 May 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
In the civil engineering and construction-related products business, construction projects using high-strength shear reinforcement bars progressed generally as planned in the first half of the first six months, resulting in increased sales volumes. In the contract heat-treatment processing business, overseas parts for automobiles and construction machinery continued to see increased production, while orders from the machine tool industry also increased more than expected. Operating profit benefited from increased sales volumes, the resolution of the situation in which steel price increases had preceded corresponding sales price increases, sales price revisions, and the results of cost reduction activities. Increases in dividends received and foreign exchange gains were also factors behind the upward revisions to ordinary profit and profit attributable to owners of the parent.
| Item | Details |
|---|---|
| Net Sales | Cumulative second-quarter results 31,000 / Full year 64,000 → Cumulative second-quarter results 31,400 / Full year 65,000（Cumulative second-quarter results 1.3 / Full year 1.6） |
| Operating profit | Cumulative second-quarter results 800 / Full year 2,100 → Cumulative second-quarter results 1,300 / Full year 2,800（Cumulative second-quarter results 62.5 / Full year 33.3） |
| Ordinary income | Cumulative second-quarter results 1,000 / Full year 2,500 → Cumulative second-quarter results 1,600 / Full year 3,300（Cumulative second-quarter results 60 / Full year 32） |
| Profit attributable to owners of the parent | Cumulative second-quarter results 500 / Full year 1,500 → Cumulative second-quarter results 1,000 / Full year 2,200（Cumulative second-quarter results 100 / Full year 46.7） |
| Net income per share | Cumulative second-quarter results 15.34 / Full year 46.01 → Cumulative second-quarter results 30.67 / Full year 67.47 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Six months (cumulative) and full fiscal year |
| Publication date of previous forecast | Announced on 13 May 2026 |
| Previous-period results | Cumulative second-quarter results Net Sales 26,374 Millions of yen (yen and sen per share) / Operating profit 512 Millions of yen (yen and sen per share) / Ordinary income 880 Millions of yen (yen and sen per share) / Interim net income attributable to owners of the parent 462 Millions of yen (yen and sen per share) / Interim net income per share ¥13.61 / Full year Net Sales 58,277 Millions of yen (yen and sen per share) / Operating profit 1,892 Millions of yen (yen and sen per share) / Ordinary income 2,663 Millions of yen (yen and sen per share) / Profit attributable to owners of the parent 1,329 Millions of yen (yen and sen per share) / Net income per share ¥39.76 |
| Reason for the revision | In the civil engineering and construction-related products business, construction projects using high-strength shear reinforcement bars progressed generally as planned in the first half of the first six months, resulting in increased sales volumes. In the contract heat-treatment processing business, overseas parts for automobiles and construction machinery continued to see increased production, while orders from the machine tool industry also increased more than expected. Operating profit benefited from increased sales volumes, the resolution of the situation in which steel price increases had preceded corresponding sales price increases, sales price revisions, and the results of cost reduction activities. Increases in dividends received and foreign exchange gains were also factors behind the upward revisions to ordinary profit and profit attributable to owners of the parent. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (2)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The sales forecast was revised in light of increased sales volumes of civil engineering and construction-related products, higher production of parts for automobiles and construction machinery, and increased orders from the machine tool industry. On the profit side, the increase in sales volumes of high-strength shear reinforcement bars, the resolution of the situation in which steel price increases had preceded corresponding sales price increases, sales price revisions, and the results of cost reduction activities contributed to the upside. Increases in dividends received and foreign exchange gains were also factors behind the upward revision.